stratigies that can help you click here
gold1985000 (2019-03-13)
Experttrader (2019-03-13), gold1985000 (2019-03-13)
yeah, i use trail stop to lock profits when my positions are moving with a trend. generally i defined the sl and tp targets to my position but when any of my position is going to touch the tp target i remove the target and instantly set a trail stop and let it run with the trend, it has become a habit now and sometimes i make big profits when a big trend is hit
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Experttrader (2019-03-13), gold1985000 (2019-03-13), sattar087 (2018-09-04), shahid1990 (2018-07-13)
Locking profit seems a new phrase?
Some traders use Stop limit/ Trailing stop to secure their trade.
If one of your trade go on profit, you can set a stop limit, so that if price try to cross that point, trade will get close with profit.
Imagine one of your trade is in 20 pips profit. If you set stop limit of 10 pips, if your profit reduce and if it come at 10 pips, your trade will close automatically with that profit.
Anyone do this in trading?
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
abuhurayra (2016-08-18), Experttrader (2019-03-13), gold1985000 (2019-03-13), Mustansir (2018-06-20), soffi_fx (2013-12-15), summrah123 (2017-12-31)
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